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It's Sunday and the team at Knight Capital doesn't have much time to figure out a final game plan.

At stake is the survival of the 17-year-old financial firm whose future hangs on the line as the result of a costly trading glitch.

The market maker survived the weekend thanks to a short-term financing deal but what happens to the firm on Monday is still unclear.

While the short-term financing provided much needed relief the real test will come this week.

On Friday there were reports that Goldman Sachs helped unwind Knight's unwanted trades but for a costly price. Knight must pay Goldman $440 million by Wednesday, according to reports. Goldman would not comment on the matter.

The good news for Knight came on Friday when two major firms, Scottrade and T.D. Ameritrade resumed business after halting orders following its massive trading disaster. TD CEO Fred Tomczyk said, "Our priority has always been the interests of our clients, their trades and their assets. Knight is one of many order routing destinations for us and has long been a good and trusted partner.

The move by TD and Scottrade provided some much needed client-confidence--something Knight will need desperately if it ends up surviving this mess.

One way to survive: find a buyer. There have been reports of private equity firms swooping in to pick up Knight Capital. Bloomberg reports that KKR, Silver Lake and TPG were interested but none would confirm talks.

KBW analyst Niamh Alexander says Knight's Board needs to sell the firm if it can’t secure financing. “I believe there are buyers for the company and this is really its best alternative right now else it might have to take a capital injection at a significant discount from a non public investor,” she notes.